Real Estate Investing in Citra, Florida (32113)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32113 (Citra, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Citra, FL (32113)?
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Market Analysis: 32113 Citra
This part of Marion County is not an easy win. The 32113 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,080/mo on a $309K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 32113 sits below the stated 0.0% once reality is priced in.
Regionally, 32113 sits on the difficult end of the FL spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 32113 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 32113 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Citra:
Property Strategy for 32113
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $192,873 | $1,200 | 4.5% | +10.0% | $96,436 |
| 3BR | $306,303 | $1,530 | 3.6% | +9.7% | $102,101 |
Market Trends
Home Value History (with trend line)
📊 How Does 32113 Compare?
| Metric | 32113 | Citra | Ocala, FL | Florida |
|---|---|---|---|---|
| Home Value | $309,032 | $309,032 | N/A | $374,697 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 7.4% |
| Avg Rent | $1,080 | $1,080 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32113 (Citra, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,032 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +9.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32113
Population: 5,382
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32113
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the renter demographic in Citra, FL?
Working renters make up the core of the Citra, FL tenant base. The pool is reasonable for investors targeting long-term holds.
Are eviction rules reasonable in Citra, FL?
FL ranks as a landlord-friendly state for landlord-tenant law. Citra generally follows the statewide framework, so landlords face reasonable operating rules.
What is the average home sale price in Citra, FL?
Homes in Citra, FL typically sell near $309K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Can I house hack in Citra, FL?
House hacking works a challenging in Citra, FL. Rents of $1,080/mo against $309K acquisition make the strategy solid for owner-occupants.
How does Citra, FL stack up for property investment?
Our data puts Citra, FL at 3.0/5 for investability. Home prices of $309K and rents around $1,080/mo create a solid backdrop for investor activity.
You know 32113 now. You don’t know where it ranks.
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How 32113 ranks in Ocala, FL
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